The CAC 40 (French: CAC quarante [kak kaʁɑ̃t]) (Cotation Assistée en Continu) is a benchmark French stock market index. The index represents a capitalization-weighted measure of the 40 most significant values among the 100 highest market caps on the Euronext Paris (formerly the Paris Bourse). It is one of the main national indices of the pan-European stock exchange group Euronext alongside Brussels' BEL20, Lisbon's PSI-20 and Amsterdam's AEX.
The CAC 40 takes its name from the Paris Bourse's early automation system Cotation Assistée en Continu (Continuous Assisted Quotation). Its base value of 1,000 was set on 31 December 1987, equivalent to a market capitalisation of 370,437,433,957.70 French francs. In common with many major world stock markets, its all-time high to date (6922.33 points) was reached at the peak of the dot-com bubble in September 2000. On 1 December 2003, the index's weighting system switched from being dependent on total market capitalisation to free float market cap only, in line with other leading indices.
I'm gonna tell you a well known story
A sacrifice of innocents
24 days of agony
How a last dive, gave them no chance
Somewhere in the arctic, the Russians were telling a
Forgotten by the world
In the rescue chamber, flooded with water
A.D. had to die
Hell awaits the enemy, somewhere in the Barents sea
The system is failing
Hell awaits the enemy, victim of hypocrisy
The system is lying
They will never come back home again
And I've lost another friend
They will never come back home
They are the victims of a vicious game
Commanders of the Russian fleet
Decided to conceal the truth
Somewhere down in the deep
The wreck revealed, they could have saved you
In a grave of steel, the truth was so real
Locked in the shell, their own private hell
One day we all will know why
Hell awaits the enemy, somewhere in the Barents sea
The system is failing
Hell awaits the enemy, victim of hypocrisy
The system is lying
They will never come back home again
And I've lost another friend
They will never come back home
They are the victims of a vicious game...
They will never come back home again